Basic Economics
The course materials are divided into two distinct but integrated parts known as “microeconomics” and “macroeconomics”. Basic microeconomics examines how consumers and firms make decisions and how they interact with each other in the market. Basic macroeconomics focuses on the economy at the aggregate level. We will learn how to measure the national output using […]
The course materials are divided into two distinct but integrated parts known as “microeconomics” and “macroeconomics”. Basic microeconomics examines how consumers and firms make decisions and how they interact with each other in the market. Basic macroeconomics focuses on the economy at the aggregate level. We will learn how to measure the national output using circular flow of income for an economy, the aggregate supply and aggregate demand model, fiscal and monetary policy; whilst we will also learn and identify key economic indicators such as gross domestic product, inflation and unemployment.
Level of Programme: Certificate Level
Credit Value: 3
Mode of Delivery: Blended
Mode of Assessment: 70% Continuous Assessment & 30% Final Assessment
Delivery Timeline: Semester
Start Date: 15-03-21
End Date: 31-07-21
Credit Transfer: Certificate in Business Management
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